Investment Analysis — 45 Durfee St

New Bedford, MA 02740

Based on HUD Small Area Fair Market Rent for New Bedford, MA HUD Metro FMR Area, a 4-bedroom in 02740 carries an estimated $2,200/mo in gross rent — about a 5.40% cap rate and $16,210/yr in estimated NOI at the $299,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,735

Style

Single Family

Built

1873

Rare opportunity to own a spacious single-family home in New Bedford for just $300,000! Offering approximately 1,735 sq. ft. of living space, this property is currently configured and being used as a 4-bedroom, 1.5-bath home, providing plenty of space and flexibility.The home features a large backyard, enclosed porch, full basement, natural gas heat, and public water and sewer. Public records currently reflect 2 bedrooms and 1 bathroom.Sold as-is, this property offers tons of potential for an owner-occupant, contractor, or investor looking to renovate, customize, and build value. With its spacious layout, generous yard, and affordable price point, bring your ideas and make this home your own!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 868 sq ft (the lesser of 900 sq ft or half the 1,735 sq ft principal dwelling). Lot size: 3,541 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.